Advanced Financial Economics

Asset pricing, portfolio theory and derivative valuation for actuaries and financial analysts.

Advanced 6 topics 12 months access Online reader

About this course

The economic theory that underpins investment and pricing decisions. The course moves from utility and portfolio choice through equilibrium asset pricing models to interest-rate models and the no-arbitrage pricing of options and other derivatives.

What you will learn

  • Apply utility theory and mean-variance portfolio selection
  • Use CAPM and multifactor models to explain returns
  • Price derivatives by no-arbitrage and risk-neutral methods
  • Describe and compare common interest-rate models

Course topics

  1. Utility theory and risk aversion
  2. Mean-variance portfolio theory
  3. Asset pricing models (CAPM, APT)
  4. Efficient markets
  5. Option pricing: binomial and Black-Scholes
  6. Interest-rate models

Who this course is for

  • Actuarial, finance and economics students
  • Candidates preparing for financial economics examinations
  • Investment and treasury analysts

Before you start

Probability, calculus and basic financial mathematics.

How access works

After payment, the course materials appear in My Learning. They open in a secure online reader on your phone, tablet or computer for 12 months. Materials are view-only and cannot be downloaded. Buying again extends your access from the current end date.

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Advanced Financial Modelling

Building robust financial models for valuation, forecasting and decision support.

  • 12 months access
  • 6 topics · online reader
Ksh 5,000
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